Custody & Clearing

Eximbank launches free gold storage service

Eximbank is offering free service to keep gold holdings for clients as interest rates on deposits of the precious metal continue to fall.

Eximbank launches free gold storage service

Eximbank is offering free service to keep gold holdings for clients as interest rates on deposits of the precious metal continue to fall.

Making Australia more attractive to global funds managers

As part of the Australian Government’s review of the taxation treatment of collective investment vehicles, the Board of Taxation has issued a...

Bangladesh mulls electronic money transfer

Banks in Bangladesh were advised to take steps for enhancing the remittance inflow due to the Middle-East turmoil. The call came from the...

Bank Mega picks J.P. Morgan for clearing services

Lender will use J.P. Morgan's U.S. Dollar Clearing – Asia Direct and Payment-Versus-Payment Settlement solutions.

BOC conducts first renminbi trade transaction in HK

Bank of China HK Limited conducted the first RMB remittance transaction in Hong Kong, which was made for the Shanghai Electric Hong Kong Co. Ltd.

BNP Paribas gets Hong Kong custodian licence

The Hong Kong branch of BNP Paribas Securities Services has been granted a banking licence by the Hong Kong Monetary Authority. Bruno Campenon, Head...